California Climate Bills: Practical Steps Companies Should Take Now

Webinar | October.19.2023 | 9am - 10am (Pacific Daylight Time)

Webinar - Recording available

California Governor Gavin Newsom recently signed the country’s most comprehensive corporate climate disclosure laws to date. Two of the new laws—Senate Bill 253 and Senate Bill 261—require over 5,000 U.S. public and private companies doing business in California to disclose a wide-range of climate-related information about their businesses, operations, and supply chains, while the third bill—Assembly Bill 1305—requires significant disclosure regarding the use of “net zero,” “carbon neutral” and similar claims, including with respect to voluntary carbon offset purchases.

Many companies will need to take significant steps to prepare for these new requirements, and even companies with developed climate programs will need to make sure that their current initiatives meet the specific California requirements. In both cases, companies will need to ramp up efforts well ahead of the disclosure deadlines under the laws.

Join Orrick partners Patrick Ferguson, Ashley Walter and JT Ho as well as Orrick’s Climate Advisor, Avani Panchal, for a discussion on:

• Key features of the new laws
• Interplay with the SEC's proposed climate rule
• How California will likely approach enforcement
• Steps companies should take now to prepare

MCLE Credit (1.0 Credit) is available for this program.

CLE Credits Available: Y